In the telecoms industry, technology and software are notorious for becoming dated quickly. Unfortunately, while necessary, upgrading regularly doesn’t come cheap. It’s not an option for all your clients to periodically fork out weighty chunks of cash to keep up with constant software updates or new tech models. However, neither is it an option for them to sit back, do nothing and watch their competitors pass by in a cloud of dust.
Often businesses turn to leasing to help them get where they need to be – to purchase that new set of tablets perhaps, or bespoke software with hosted licenses. Yet this kind of deal can sometimes leave vendors struggling to manage their cash flow effectively or partnering up with the type of financing company that looks great on paper but is shady with its communication, keeps hidden fees on the down-low or, quite simply, is far more interested in your cold hard cash than securing the best packages to suit your business goals.
The savviest telecoms vendors understand that they need to work with a financing company they can trust to deliver a no-nonsense, no-worries solution to lighten their load. They empower their clients to secure top-of-the-range equipment necessary to keep them striving for success without burning a hole in their bank accounts. While said clients can start reaping the benefits of their new tech while paying it off in manageable monthly chunks, those vendors are sitting pretty with comfortable upfront payments in their pockets.
Everyone’s a winner.
Leasing and the telecoms industry are a perfect match due to the constantly evolving nature of the business and the frequent demands for upgrades. Partnering with the right finance company means that your clients won’t have to dread the financial drain of investing in those regular upgrades – they can switch up their equipment during their lease term without disrupting their monthly payments.
As the lease term generally runs for at least two years, working with a finance firm is excellent for customer retention. When the urge to upgrade strikes, it’s highly likely your clients will turn to their current supplier, i.e. YOU.
As the newest hardware and software can come with a high price tag, it makes sense to divide the payments into a simple monthly subscription fee – we do it for the Cloud, Netflix and phone contracts, after all. It’s the best way to help your clients connect with success while managing your cash flow with ease.
Love Finance is different from your typical finance firm because we are all about keeping our customers happy and providing the kind of service that results in long-lasting relationships.
Not only do we offer an automated self-service platform that enables clients to find out within minutes if they’re eligible for finance, we never charge hidden fees or extra costs and pride ourselves on our transparency.
Find out more about the range of telecoms equipment you could offer your clients through a partnership with Love Finance or more about our service in general by taking a peek at our website.
Alternatively, contact our advisors today or fill in our online application form to determine if you qualify.
